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274 Albion Rd, Lincoln, RI, 02865

3beds
2baths
1,562sqft
$1,150,000
$736price/sqft
$7,923/moest. monthly cost
$316,920/yrincome needed

About This Home

Do you like to cut your own grass? Do you like the thought of planting your feet in your garden? Do you like garden fresh tomatoes? Do you love animals? I don't mean just cats and dogs. Do you want your loved ones playing ball in the street? Zoned RS/RA. this sprawling yard accommodates your loved ones, friends, horses, goats, chickens and a garden. Nested on 2.69 tranquil acres in Lincoln, RI. This 1,562 sq/ft country home features an adaptable 3-5-bedroom layout, including a 17' X 13' master suite with an ensuite full bath, and two additional bedrooms. The living spaces are enriched by a cozy gas fireplace and wood stove. This property is equipped with a 5-zone gas hot water heating system. The heated garage is currently being used as an office but could be another bedroom. Recent upgrades include a new roof (October 2022) with leaf-protected gutters. This property's wood areas ensure natural beauty and privacy. This home, though aged, has been well-maintained and is being sold in existing condition, for cash, no creative financing. For full price, you get a zero turn riding mower, John Deare tractor with loader, excavator, skid steer, log splitter, chain saws, and misc. Lawn and garden equipment. The current owners are old and are now seeking a single-level country home with room for a garden. Please note the No Trespassing sign. Prospective buyers must be represented by a licensed professional and be prequalified. We appreciate your interest and patience. Thank You.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

5/10
7/10
Lincoln Middle SchoolGrades 6-82.6 mi
9/10

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Mixed
  • Construction materials: Shingles,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Dryer,Exhaust Fan,Range Hood,Oven/Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Partial,Interior and Exterior,Unfinished,Common

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 182
  • Dimensions: 13

Family Room

  • Level: First
  • Area: 247
  • Dimensions: 13

Features

  • Cedar Closet(s),Stairs,Insulation (Ceiling),Insulation (Floors),Insulation (Walls),Ceiling Fan(s)
  • Door features: Storm Door(s)
  • Window features: Storm Window(s)
  • Flooring: Ceramic Tile,Hardwood,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Stone
  • Fireplace: Yes
  • Attic: Attic Stairs, Attic Storage
  • Finished area below ground: 0
  • Finished area above ground: 1,562

Heating & Cooling

  • Heating features: Natural Gas,Wood,Baseboard,Forced Water,Gas Connected,Rented Burner,Zoned
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,562
  • Total interior livable area: 1,562 sqft

Kitchen

  • Level: First
  • Area: 144
  • Dimensions: 12

Living Room

  • Level: First
  • Area: 156
  • Dimensions: 13

Master Bedroom

  • Level: Second
  • Area: 204
  • Dimensions: 12

Other

  • Level: Second
  • Area: 130
  • Dimensions: 10

Other

  • Level: Second
  • Area: 156
  • Dimensions: 12

Property

Accessibility

  • Accessibility features: Complete Handicapped Fixtures,Other

Details

  • Parcel number: LINCM31L0280U
  • Zoning: RS12/RA
  • Other equipment: Cable TV,Central Antenna,Intercom,Wood Stove

Features

  • Patio & porch: Patio,Porch
  • Exterior features: Barbecue
  • Waterfront features: Walk to Fresh Water
  • Horses can be raised: Yes

Lot

  • Lot size: 2.69 Acres
  • Features: Horse Permitted,Secluded,Wooded

Parking

  • Total spaces: 8
  • Parking features: Integral
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,815$69,780
Home Insurance *$446$5,352
Property Taxes $1,273$15,276
Electricity $389$4,675
Total$7,923$95,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$271,645/yr
40% on housing$237,690/yr
45% on housing$211,280/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$736This listing

vs Other Active Listings

Avg $/sqft

ZIP 02865$265
Providence County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 02865$272
Providence County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-13Price change$1,150,000
2026-01-23Price change$1,250,000
2025-10-16Price change$1,150,000
2025-08-15Listed for sale$1,250,000
2025-01-03Listing removed$1,250,000
2024-11-05Price change$1,250,000
2024-07-17Price change$1,150,000
2024-05-23Price change$1,200,000
2024-05-10Listed for sale$1,250,000
2024-04-07Listing removed--
2023-04-06Price change$1,200,000
2022-04-07Listed for sale$1,250,000

For Sale by Agent

AgentJason Saphire
Brokeragewww.HomeZu.com

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